[VIDEO] – 3 Tips when Selling an Investment Property in Raleigh

Click on the VIDEO Below for Raleigh Real Estate Buyer and Seller Tips

Welcome back to the Capital City Real Estate Group video blog! I’m Marc Iafrate, Broker-in-Charge of the Capital City Real Estate Group here in Raleigh. Today we are going to discuss 3 Tips when Selling an Investment Property in Raleigh to make your life easier!

Are you thinking about selling a home that you have rented out for some additional revenue? If so, you’re likely trying to discern how to best inform the current tenants and conduct the sales process in a way that works well for all of the parties involved. In today’s video blog post we’ll explore how to sell your home while you’re renting it out to tenants and share three tips that can make the process a bit easier.

Review Local Laws and Your Tenancy Agreement. First, you’ll want to review your tenancy agreement and download any state laws that apply to landlord-tenant relations. Selling a home with renters living in it can result in a number of sticky situations. You’ll want to ensure that you conduct yourself in accordance with the rule of law. If you have any questions, be sure to consult with an attorney!

Communication is a Vital Part of the Process. You’ll need to ensure that you’re communicating with your tenants every step of the way. Meet with them to let them know that you would like to place the home on the market, and explain how the sales process is going to work and how they are protected as tenants. Allow your tenants to ask questions and see if they may be willing to buy the home from.

Don’t forget to fully inform your tenants as to how home showings will work, as they’ll likely be concerned as to who is being provided with keys to their home.

Finally, if you’re faced with some uncooperative tenants that are making the sales process challenging you may find incentives help the process go smoother. You’ll need their cooperation in keeping the home relatively clean and tidy.

Selling a home currently occupied with tenants can be a challenge but the professional real estate Brokers at the Capital City Real Estate Group can help you achieve your goals and manage every detail of the process.

And remember, you can always rely on your Capital City Real Estate Group Broker for helpful tips and referrals for trusted professionals whenever you need them.

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About Capital City Real Estate Group, Inc.

Moving to North Carolina years ago was the best decision my family and I could have made. We were looking for a change from the cold Michigan winters and the volatile economic climate. The Triangle was the perfect choice with its mild winters, quality of life and diverse economic base.

I have always held as my personal values and guiding principles: Professionalism, Integrity, Dependability and understand the meaning of perseverance!

I began my real estate career in 1996 as a commercial investor. This led to a Director of Property Management position for multi-family and commercial property and now, residential real estate as the Broker/Owner of the Capital City Real Estate Group, Inc. – eXp Realty here in Raleigh.

I put myself through the evening MBA program at the University of Michigan while working full time and raising a family.

Prior to real estate, I earned a Master of Science in Engineering from U of M and currently hold 2 U.S. Design Patents and had a successful corporate career in the automotive industry. As a result of that experience, I’ve successfully been able to apply my problem solving ability to business.

In addition to the Rotary Club, I support causes which strengthen our local community such as the YMCA – We Build People Program and Habitat for Humanity
My wife’s favorite charity benefiting children is The Angel Tree
We participate in our church food and clothing drives to benefit our local community
We also support the American Cancer Society, the Alzheimer’s Association and the Humane Society